The golden deep V is just a deceiving bullish illusion, and currently, we still prioritize bearish views.

Yesterday's gold market fully matched my previous prediction. The price broke below the 4000 mark and formed a standard deep V pattern, hitting a low of 3960 before quickly rebounding to 4040, a full 80-dollar fluctuation. It looks like a strong reversal, but upon closer observation, this rebound has no sustainability at all; it's purely a short-term repair after an oversold condition, absolutely not a signal of a market bottom.
Currently, the overall weak pattern of the market has not changed. In today's trading, you must not blindly go long; maintain a cautious and watchful attitude. As long as the short-term cycle shows a bearish signal, follow the trend and continue looking downward. The first target is to see the support zone around 3900. I only follow real-time market signals when trading, and my analysis represents only my personal opinion, not constituting any trading advice.
Here I want to clarify the only line for bullish reversal: only when the hourly candlestick body firmly stands above the morning rebound high of 4009 can we determine a short-term structure reversal. At that point, we can adjust our thinking and consider going long. As long as this key resistance level is not broken and held, all rebounds are opportunities to short. There is no need to rush to bottom-fish or guess the bottom.
Many people see a long lower shadow deep V and rush to bottom-fish, easily getting trapped midway by quantitative impulsive moves. The major bottom cannot be predicted at all now. Don't obsess over catching the lowest point; trading with the trend is more stable. Strictly watch the watershed level and execute operations according to the signals.